Global facility for disaster reduction and recovery. Progress report (1) : committed to reducing vulnerabilities to hazards by mainstreaming disaster reduction and recovery in development / International Strategy for Disaster Reduction, World Bank.

Cover title.

GFDRR is designed to facilitate a coordinated approach among donors and partners in implementing the Hyogo Framework for Action through mainstreaming disaster risk reduction in poverty reduction strategies targeting those countries identified as natural disaster hotspots. With initial contribution of US$5 million a year from the World Bank's Development Grant Facility (DGF) for global and regional partnerships under Track I, and the support of the United Kingdom for country programmes under Track II, this partnership for vulnerability reduction has made a beginning to engage with partners at all levels to make a stronger case for disaster risk reduction as a core dimension of sustainable development. ISDR as the key partner under Track I is making significant progress to engage with regional and subregional organizations in Africa, East Asia, South Asia, Central America, South Eastern Europe, Pacific and the Middle East and North Africa to strengthen regional cooperation in risk mitigation, catastrophic risk financing and adaptation to climate change. Track I support is also helping in enhancing the global dialogue on risk reduction with various stakeholders, particularly private sector, media networks,academic and research organizations, as well as standardizing approaches and tools for risk identification, risk mitigation and risk financing in partnership with members of the ISDR system. Under Track II, multi-stakeholder consultation with national governments, UN, donors, regional development Banks and regional organizations have been launched in Mozambique, Malawi, Nicaragua, Nepal and Vietnam to identify strategic opportunities for making risk reduction a priority in national development processes in these countries. Building on the ongoing country initiatives and critical diagnostics of existing policies, financing and institutional mechanism, a common framework for integrating risk reduction in country planning and investment framework is expected soon. Greater political and fiscal commitment to risk reduction at the national level is one of the key outcomes of these collaborative efforts under Track II. Many Governments have pledged their support for country level programmes under Track II, which will now enable GFDRR to continue to support national governments, World Bank, UN and other development partners to launch similar initiatives in more disasterprone countries, particularly in Africa, Caribbean and the Pacific. This report provides a broad direction of the expected strategic impact that GFDRR is making at all levels in disaster risk reduction towards effective implementation of the Hyogo Framework for Action (HFA).